Unlock the Potential of Prime Real Estate! Seize this fantastic opportunity in the heart of Beresford, a high-traffic area ripe for investment. This expansive 4,828 sq. ft. retail space is strategically located on Principale Street, facing the bustling Acadia St. The property sits on a generous 0.62-acre lot, complete with a paved parking area and natural grassy surroundings. Currently utilized as a retail space, with the exciting potential to convert into 8 stylish, renovated apartment units. Imagine 5 one-bedroom units and 3 two-bedroom units, designed to attract a diverse range of tenants. Features electric baseboard and mini-split heating systems to ensure year-round comfort. One section of the roof was replaced in 2019.The building benefits from municipal services provided by the Town of Beresford, now part of the Belle Baie amalgamation. This includes water, sewage and waste removal.Situated in a CC1 (Central Commercial Type 1) zone, the property is perfectly positioned for both commercial and residential uses. With zoning that permits up to 20 units, this site offers significant flexibility and future potential.Whether you're looking to continue as a retail establishment or pivot to a lucrative residential development, this property presents a rare and exciting opportunity. Dont miss your chance to invest in a high-traffic area with substantial growth potential. Make your mark in Beresford with this prime property. Text or call today for more information. (id:47423)
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Detailed Information
Location Description
On rue Principale in Beresford.
Municipal ID
20806303
Ownership Type
Freehold
Property Type
Retail
Transaction Type
For sale
Business
Business Type
Retail and Wholesale
Business Subtype
General retail
Building
Cooling Type
Heat Pump
Heating Fuel
Electric
Heating Type
Baseboard heaters, Heat Pump
Roof Material
Asphalt shingle
Roof Style
Unknown
Total Finished Area
4828 sqft
Land
Total Size
2510 square meters
Access Type
Year-round access
Size of Irregular Land
2510
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